Sports organizers and race organizers are implementing mobile ticketing to provide hassle free ticket purchase experience. Mobile ticketing is the process where customers can buy and validate the tickets using mobile phones. Event organizers production and distribution costs associated with traditional paper based ticketing channels is eliminated with the implementation of mobile ticketing. Apart from this, the data exchanged digitally through ticket transactions enables sports organizers to learn more about fans and generate insights to formulate marketing strategies from the database. For instance, Barcelona implemented mobile ticketing and eliminated paper tickets by introducing a new system that allows fans to scan a bar-code on their phones gain access to matches. Pocono Raceway launched a mobile ticket delivery system that allows fans to have their ticket delivered to their mobile device and have their ticket scanned at the gate directly from their mobile device

SPORTS MARKET TO GROW TO $632 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY

The Business Research Company expects the global sports market is expected to grow from $535 billion in 2016 to $632 billion in 2020 at a compound annual growth rate (CAGR) of 4.3%. North America was the largest region in the sports market in 2016, accounting for $173 billion or 32.5% market share and this was mainly due to highly developed sports infrastructure, high disposable income, increase in number of foreign tourists, increasing corporate investments in sports, increasing broadcasting and media revenues, high popularity of sports such as American football, baseball, basketball, tennis, and wrestling, and government initiatives to promote sports.

The chart below shows the year-on-year growth of the global sports market during 2016-2020

According to The Business Research Company’s Media Consultant, Ramesh Yelugoila, sports organizers are implementing virtual reality technology to improve the spectator experience in a sporting event. Virtual reality technology generates images, sounds and other sensations that simulates a physical presence in an imaginary environment. Clubs and teams are experimenting with simulated and 360-degree environments to enhance the match viewing experience of the fans by allowing them to have a virtual walkthrough of the stadium or the race track and view the match at different angles. For instance, NBA game between the Sacramento Kings and San Antonio Spurs was broadcasted in VR. The viewers could watch the action from a myriad of angles, including underneath the basket. NASCAR has created an interactive fan area at the race tracks with the implementation of virtual reality.

FC Barcelona was the largest competitor in the sports market in 2016 with a 0.14% share of the market. FC Barcelona’s growth strategy aims to increase its revenue by investing in new infrastructure and improving its brand name and international presence. According to its strategic plan, the club will invest in the construction of sports venues to promote the club and generate new revenue sources.

The sports market includes establishments offering spectator sports and participatory sports. Spectator sports includes teams or clubs and independent athletes primarily involved in presenting sporting events before a paying audience. The owners of racing participants primarily involved in entering the participants into racing events or other spectator sports events and the sports trainers who are involved in providing specialized services to support participants in sports events or competitions are part of this industry. The establishments involved in operating race tracks are also included in this industry.

Sports Market Global Briefing 2017 is a detailed report giving a unique insight into this market. The report is priced at $1000 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

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Rail stations are evolving from a traditional transit facility to a facility offering leisure and entertainment services. Some of the services offered by rail transportation companies include automated ticketing, helipads and facilities with ergonomic design. Rail stations also serve as a crucial link between commercial, leisure and residential spaces, and are thus redeveloped to generate additional revenues for rail operators. For instance, in 2017, the redevelopment of Darlington station was announced in the UK. The new station is expected to have 98,500 square meters of commercial space providing over 3,000 direct and indirect jobs, and additional revenues to its operators. Another example is the station redevelopment project launched in India, in February 2017. This project includes redevelopment of 400 A1- and A-category rail stations by Indian Railways under a public-private-partnership (PPP) model to generate non-fare revenue. These redeveloped stations will offer digital signage, escalators and elevators, self-ticketing counters, executive lounges, luggage screening machines, walkways and holding areas for passengers.

RAIL TRANSPORTATION MARKET TO GROW TO $624 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY

The Business Research Company expects the global rail transportation market is expected to grow from $509 billion in 2016 to $624 billion in 2020 at a compound annual growth rate (CAGR) of 5.2%. Asia Pacific was the largest region in the rail transportation market in 2016, accounting for $250 billion or 49.2% market share. This is mainly due to a large population and fairly well developed rail network in countries such as China and India. In addition to this, transportation of coal, minerals, steel, fertilizers, chemicals, petroleum products by rail had boosted the market growth in Asia Pacific region.

The chart below shows the year-on-year growth of the global rail transportation market during 2016-2020.

According to The Business Research Company’s Transportation Consultant, Abdul Wasay, rail transportation companies are using alternative energy sources to operate their rolling stock and stations. Alternatives for diesel include hydrogen and LNG (already being tested by some rail operators) that can be used to power trains. The use of alternative energy sources is primarily driven by growing environmental concerns due to climate change and rising fears of energy security. For instance, The Netherlands’ national railway company Nederlandse Spoorwegen (NS) and electricity company Eneco is running all its trains on wind energy, since January 2017.

China Railway Corporation was the largest competitor in the rail transportation market in 2016 with 27.11% market share. China Railway Corporation aims to expand its network within and outside of China by forming strategic partnerships and increasing investments. In 2016, China Railway Corporation entered into a collaboration with MTR, a Hong Kong-based transport operator to explore opportunities in high-speed railway line construction, rail operations and staff training. The company has also planned to invest $115 billion in 2017, for track-doubling, electrification and construction of new high-speed railway lines.

The rail transportation industry uses railroad rolling stock to provide transportation of passengers and/or cargo. These railroads mostly operate either on networks with physical facilities, labor force, and equipment spread over a wide geographic area, or operate over a short distance on a local rail line. This industry does not include scenic and sightseeing rail transportation and street railroads, commuter rail, and rapid transit systems.

Rail Transportation Market Global Briefing 2017 is a detailed report giving a unique insight into this market. The report is priced at $1000 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

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Many ship building companies are using advanced outfitting methods to reduce shipbuilding cycle time and costs. Traditionally, shipbuilding process was sequential with outfitting of components only after the ship hull was launched, whereas, advanced outfitting is the fitting of machinery, seating structures, piping, electrical and hull outfit items before the hull structure is fabricated and erected on the birth or dock. This leads to reduced overhead work, better utilization of man-hours and improved productivity, thus enabling shipbuilding companies to build ships faster. Advanced outfitting are of two types block outfitting and zone outfitting, depending on the scale of shipbuilding process. Major players in this industry such as DSME, HHI, Samsung Heavy Industries and Mitsubishi Heavy Industries are using advanced outfitting in their shipyards.

SHIP AND BOAT BUILDING AND REPAIRING MARKET TO GROW TO $245 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY

The Business Research Company expects the global ship and boat building and repairing market is expected to grow from $218 billion in 2016 to $245 billion in 2020 at a compound annual growth rate (CAGR) of 3.0%.Asia Pacific was the largest region in the ship and boat building and repairing market in 2016, accounting for $121 billion or 55.7% market share. This region has a large number of shipbuilding companies in countries such as China, South Korea and India. Major Asia-Pacific countries have technologically advanced infrastructure to facilitate exports and imports, low-cost communications and access to potential new customers

The chart below shows the year-on-year growth of the global ship and boat building and repairing market during 2016-2020

According to The Business Research Company’s Transportation Consultant, Abdul Wasay, shipbuilding companies are increasingly using robotics technology to streamline shipbuilding operations and increase efficiency. Robots make use of 3D camera sensor and system-on-chip (SoC) technologies to automate welding, blasting, heavy lifting, painting, pipe cleaning, inspection and other tasks in a shipyard. For instance, Geoje shipyard in South Korea adopted technologies that automated 68% of its production using robotic systems. In 2013, South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, introduced mini welding robots in its shipyards. Shipyard robots are being extensively used by ship building companies in Europe, South Korea, Brazil, Japan and China.

Daewoo Shipbuilding & Marine Engineering Company was the largest competitor in the ship and boat building and repairing market in2016 with 4.92% share of the market. Daewoo’s growth strategy aims to reduce its production costs, increase productivity to deal with loses. The company is creating Shipyard 4.0 which is a shipbuilding version of 'Industry 4.0' and 'the 4th industrial revolution'. It aims to modernize designs and production-simulation tools in manufacturing industries by using advance ICT (Information, Communication, and Technology) such as IoT (Internet of Things), Big Data, Cloud, and A.I.
The ship and boat building and repairing industry includes establishments involved in operating shipyards and boatyards. It includes barges, cargo ships, passenger ships, oil and gas drilling and production platforms, inflatable plastic boats and rowboats.
This industry is further classified as –
• Ship Building And Repairing
• Boat Building
A mode of water transport that weighs 500 tonnes or above is characterized as a ship. Ships are large vessel intended for deep-water passenger or cargo transport. They are complicated structures, with a variety of machinery and complex designs. Ships have dedicated engines to propel them, and are generally operated in oceanic areas and high seas.
Boats are small to mid-sized vessel with much lesser carrying capacity as compared to a ship. They are much easier to build with less machines and design complexities. Boats are operated in small or restricted water areas and are mainly used for recreational purposes, fishing, ferrying people or plying in areas near to the coast. Boats can be propelled by sails, motor or human force.

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Global demand for thermoplastic elastomers (TPEs) as a source for raw material to the rubber products is increasing. Thermoplastic Elastomer (TPEs) consists both elastomer and thermoplastic properties which can provide flexibility as well as toughness and are also tear resistant. These elastomers have the longer life and better physical range than thermoset rubber which includes rubber latex and silicone. TPEs can stretch to moderate elongations and return to its original shape. They can also be recycled or reprocessed at a temperature above melting point. Demand of TPEs are increasing rapidly as automobile companies are looking for ways to reduce motor vehicle weight.

RUBBER PRODUCTS MARKET TO GROW TO $508 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY.

The global rubber products manufacturing market is expected to grow from $410 billion in 2016 to $507 billion in 2020 at a compound annual growth rate (CAGR) of 5.4%. Asia was the largest region in the rubber products manufacturing market in 2016, accounting for $164 billion or 40.1% market share. This was due to high demand for rubber products from manufacturing industries, especially from the industrial machinery and motor vehicle industries.

Bridgestone Corporation was the largest company in the rubber product manufacturing market with revenues of $31 billion for the financial year 2015. Bridgestone’s growth strategy focuses on enhancing its manufacturing facilities and R&D structure. In January 2017, the company announced an investment of $344 million for its North Carolina passenger tire manufacturing facility, which will include the construction of a new rubber mixer facility of $180 million.

Rubber Products Global Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $1000 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

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The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations. - Comments: 0

Architectural/Engineering services landscape is changing rapidly due to the global sourcing opportunities and increasing internet penetration. Online crowd sourcing enables customers to submit requirements online and architectural, engineering service providers to send design ideas and plans to customers directly. Once the customer selects a plan and design, they receive further customization based on their specific requirements. For instance, Arcbazar and competitionline offer architectural services to customers online through its crowd sourcing platform.

ARCHITECTURE, ENGINEERING CONSULTANTS AND OTHER RELATED SERVICES MARKET TO GROW TO $1.4 TRILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY.

The Business Research Company expects the architecture, engineering consultants and other related services market to grow to $1.4 trillion in 2020. Europe was the largest region in the architecture, engineering consultants and other related services market in 2016, accounting for $405 billion or 35.4% market share. This was mainly due to high demand for residential, commercial, industrial and landscape architectural services in the region

The chart below shows the year-on-year growth of the global architecture, engineering consultants and other related services market during 2016 - 2020.

According to The Business Research Company’s Professional Services Consultant, Oliver Guirdham, the architectural, engineering, and related services industry is expected to benefit from technological development during the forecast period. Rapid progress in technology is leading to development of new applications and software tools for the architectural, engineering, and related services industry. Architectural tools such as CAD, SketchUp and Microstation help architects and engineers enhance their productivity, increase their service offerings and improve the quality of their services. Going forward, growth in technology is expected to increase efficiency of architecture and engineering consultancy services, further driving the industry.
Bechtel was the largest company in the architecture, engineering consultants and other related services market with revenues of $32.3 billion for the financial year 2015. Bechtel’s growth strategy aims to expand its business into the high growth Middle East and Africa market.

Architecture, engineering consultants and other related services comprise activities that provide support to planning and designing of construction related businesses of all sizes across all industries. Business entities that are engaged in providing architecture, engineering consultants and other related services are generally referred as architectural firms or engineering consultancy firms.

Architectural and engineering firms handle planning, designing and supervision of construction related to a wide range of industries. Architectural, engineering and related services include but are not limited to architectural services, landscape architectural services, engineering services, drafting services, building inspection services, geophysical surveying and mapping services, surveying and mapping (except geophysical) services and testing laboratories.
Architecture, Engineering Consultants And Other Related Services. Global Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $750 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

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The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations. - Comments: 0

Drug manufacturing companies are offering tranexamic acid for the treatment of acute gastrointestinal bleeding. Tranexamic acid is a medication used to treat or prevent excessive blood loss from major trauma or surgery and is now finding applications for gastrointestinal diseases. Tranexamic acid reduces clot breakdown, thus reducing the duration and amount of bleeding. This reduces mortality rate (from 10% to 7.5%) and the probability of blood transfusion by about 30%. Major companies manufacturing tranexamic acid include Abbott Laboratories, Pfizer, GlaxoSmithKline and Bayer AG.

GASTROINTESTINAL DRUGS MARKET TO GROW TO $62 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY

The Business Research Company expects the global gastrointestinal drugs market to grow from $52 billion in 2016 to $62 billion in 2020 at a compound annual growth rate (CAGR) of 4.5%. North America was the largest region in the gastrointestinal drugs market in 2016, accounting for $15 billion or 29.9% market share. This was mainly due to the high prevalence of obesity and digestive diseases due to unhealthy lifestyle in the North American countries. According to the National Center for Health Statistics, more than one-third (36.5%) of U.S adults were obese during 2011-2014.

The chart below shows the year-on-year growth of the global gastrointestinal drugs market during 2016-2020

According to The Business Research Company’s Healthcare and Biotechnology Consultant, Ravikiran, growing R&D activities for the development of new drugs in the treatment of gastrointestinal diseases is an emerging trend in the market. Some of the major gastrointestinal pipeline products include Perjeta (Roche), Keytruda (Merck), TAS-118 (Taiho Pharmaceutical), NeuVax (Galena Biopharma), Ipatasertib (Genentech), Durvalumab (AstraZeneca) and Napabucasin (Boston Biomedical). Technological advancements in the treatment of gastrointestinal diseases are expected to boost the market during the forecast period.

Takeda Pharmaceuticals was the largest competitor in the gastrointestinal diseases drugs market in 2016 with revenues of JPY 557.5 billion ($5.1 billion) in 2015. Takeda aims to harness new technologies and targeted treatments to develop innovative and new medicines for the treatment of gastrointestinal diseases. In 2014, the company launched ENTYVIO (vedolizumab), a gut-selective biologic for the treatment of ulcerative colitis and Crohn’s disease. Through specialized and strategic in-house development, external partnerships, in-licensing and acquisitions, Takeda also has a number of promising early-stage gastroenterology (GI) assets in development.

The gastrointestinal diseases drugs market covers medicines used for the treatment of ulcerative colitis, diverticular disease, perianal infections, anal fissures, hemorrhoids, constipation, and irritable bowel syndrome. The key gastrointestinal diseases drug categories include Anti-peptic agents (antacids, antagonists, Proton Pump Inhibitors, Sucralfate, and Misoprostol), antiemetics, adsorbents, anticholinergics, opiates, intestinal flora modifiers, emollient/surfactants, hyperosmotic, saline, and simulant/irritant. The market numbers within this briefing are restricted to pharmaceutical (drug) treatments and do not cover biologic treatments for these conditions which are included in a separate briefing.

Pharmaceutical companies manufacturing drugs for gastrointestinal diseases initially involve in drug discovery process by which new drug candidates are discovered. This process includes identification of candidates, synthesis, characterization, screening and assays for therapeutic efficacy. Once the lead drug candidates are developed, they undergo preclinical trials in animals and filing for investigational new drug applications (IND) to initiate the clinical trials on humans. Preclinical trials may be conducted in-house or through a Contract Research Organization (CRO) that provides outsourced support to pharmaceutical companies. When the drug successfully passes all three phases of clinical trials, the CROs submit all their findings to the parent pharmaceutical companies which file new drug applications (NDA) in order to release the drug into the market.

Gastrointestinal Drugs Market Global Report 2017 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office the price is $6000 and $8000 if you wish to use across a multinational company.

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Pharmaceutical companies are offering new drugs referred to as immune modulators for the treatment of skin diseases such as eczema. Eczema is a chronic skin condition caused by the lack of skin proteins that results in inflammation and irritation in the skin. These drugs are used to externally treat the skin without changing the immune system of the body. In addition, unlike topical steroids, these new medications do not cause thinning of the skin and breaking of superficial blood vessels. Tacrolimus (Protopic) and Pimecrolimus (Elidel) are major drugs available for the treatment of eczema.

DERMATOLOGY DRUGS MARKET TO GROW TO $XXXXXX BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY

The Business Research Company expects the global dermatology drugs market to grow from $31 billion in 2016 to $37 billion in 2020 at a compound annual growth rate (CAGR) of 5.2%. North America was the largest region in the dermatology drugs market in 2016, accounting for $9 billion or 31.5% market share. This can be attributed to large number of affluent patients and generous reimbursement within the US pharma market.

The chart below shows the year-on-year growth of the global dermatology drugs market during 2016-2020

According to The Business Research Company’s Healthcare and Biotechnology Consultant, Ravikiran Drug manufacturing companies are using genome testing to reduce the time and costs spent in clinical trials. A clinical trial is a complex process and it often takes months for a drug to be available in the market. This deprives patients of cost-effective treatment. Researchers in the Rockefeller University used genomic testing and data analytics to predict the response of psoriasis patients for a given treatment. Genomic testing algorithms collect gene-expression data from skin biopsies and detect activity in 50,000 different genes. This technique can predict the response of a patient with an accuracy of 95% and within 12 weeks, thus saving significant time for clinical trials and the launch of new drugs.

Johnson & Johnson (J&J) was the largest competitor in the dermatology drugs market in 2016 with revenues of $3.9 billion for the financial year 2016. Johnson & Johnson aims to grow its geographic footprint and increase investments in emerging markets and developed markets such as Japan. In 2016, the company spent $9.1 billion in R&D. With prioritized investments in internal R&D, strategic licensing arrangements, partnerships and select acquisitions, the company intends to build a robust product pipeline for the long-term. In July 2016, J&J acquired a Japanese beauty brand Dr. Ci:Labo to strengthen its skin care business.
The dermatology drugs market includes medications that are used for the treatment of skin conditions such as dermatitis (including eczema), rosacea, hyperhidrosis, androgenic alopecia, onychomycosis, hair loss, acne, immune disorders (including psoriasis), microbial infections (bacterial, fungal, and viral), vascular and pigmented lesion removal, common warts, seborrheic keratosis, and other skin diseases The market numbers within this briefing are restricted to pharmaceutical (drug) treatments and do not cover biologic treatments for these conditions which are included in a separate briefing.

Dermatology drugs used to treat acne include local anesthetics, cleansers, anti-inflammatory agents, anti-infectives, emollients, and astringents. These drugs are available for both topical (external) use and internal use. These drugs can be sold as over-the-counter (OTC) as well as prescription drugs. Major OTC dermatological drugs include Differin, Lamisil, Monistat, and Abreva. Some of the major dermatology prescription drugs include Clobetasol propionate, Flucinonide, Baxdela, Siliq, Rhofade.

Dermatology Drugs Market Global Report 2017 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office the price is $6000 and $8000 if you wish to use across a multinational company.

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Ethernet connected switchboards are widely being used in household and commercial buildings to save energy and reduce maintenance costs. Switchboards can be connected to a computer through an Ethernet cable. Electricity use, system status and other data is transmitted to the computer through the Ethernet cable. Data obtained on the computer is analyzed by energy experts and suggestions to minimize energy consumption. For example, Enerlin’x system manufactured by Schneider is a smart panel that transmits energy consumption data to computer through Ethernet and Modbus interfaces.

SWITCHGEAR AND SWITCHBOARD APPARATUS MANUFACTURING MARKET TO GROW TO $239 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY.

The Business Research Company expects the switchgear and switchboard apparatus manufacturing market to grow to $239 billion in 2020. Asia Pacific was the largest region in the switchgear and switchboard apparatus manufacturing market in 2016, accounting for $108 billion or 53.1% market share.

The chart below shows the year-on-year growth of the global switchgear and switchboard apparatus manufacturing market during 2016 - 2020.

According to The Business Research Company’s Electronics Consultant, Sindhu Kanuri, the global economy is expected to go through a continued period of steady growth during 2016 – 20. The US economy was already showing some growth in 2014 and 15, and this is likely to continue during the forecast period. The European market is expected to see growth return later in the period – between 2017 and 2019. Emerging markets are expected to continue to see generally higher levels of growth than the developed markets during this period. This continued economic growth is expected to be a driver of the market for oil and gas products.
Toshiba Corporation was the largest competitor in the switchgear and switchboard apparatus manufacturing market in 2016 with a revenue of $17 billion for the financial year 2016 from the company’s energy and infrastructure division, which includes switchgear and switchboard apparatus manufacturing. Toshiba’s growth strategy is to focus on core and profitable divisions. The company sold the Toshiba medical system corp. to Canon in March 2015 to improve Toshiba’s financial position.

The switchgear and switchboard apparatus manufacturing industry comprises establishments manufacturing switchgear and switchboard apparatus. Switchgear is the combination of electrical disconnect switches and circuit breakers used in electricity transmission to interrupt or reestablish the flow of electricity.

Switchboard consists of one or more panels with various switches and indicators used to direct electricity and operate circuits. Bus bars inside switchboards are flat strips of copper or aluminum used to carry large currents through the switchboards.
Switchgear is used in combination with metering and regulating equipment to control and protect transmission lines, distribution lines, transformers, generators and motors.

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Motors and generators manufacturers are offering advance technologies for a wide range of electric vehicles. Technologies being offered include electric vehicle traction motors and belt driven and integrated starter generators. Electric vehicle traction motors are also known as rotating electric machines is an electric motor used for propulsion of a vehicle, whereas integrated starter generators allows engine vehicle to restart after the idle stops to save fuel and emissions. For instance, according to a report by IDTechEX electric vehicle traction motor was expected to exceed $25 billion by 2025, thus indicating high demand for electric vehicle traction motor technology.

MOTORS AND GENERATORS MANUFACTURERS MARKET TO GROW TO $133 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY.

The Business Research Company expects the motors and generators manufacturers market to grow to $133 billion in 2020. Asia Pacific was the largest region in the motor and generator manufacturing market in 2016, accounting for $50 billion or 44.9% market share.

The chart below shows the year-on-year growth of the global motors and generators manufacturers market during 2016 - 2020.

According to The Business Research Company’s Electronics Consultant, Sindhu Kanuri, motors and generators manufacturers are deploying predictive maintenance technologies to minimize breakdowns in manufacturing facilities. Predictive maintenance techniques determine the condition of equipment and predict failures that may occur. Various techniques used for predictive maintenance include vibration analysis, ultrasound, wear particle analysis and thermography. Use of smart sensors is another such technique that picks up data on certain parameters to reduce the chances of failure. For instance, ABB has introduced condition monitoring for low voltage motors through smart sensors that can be attached to motors without wiring. This sensor uses on-board algorithms to provide information on the condition of the motor through internet.

ABB Group was the largest competitor in the motor and generator manufacturing market in 2016 with revenues of $8.2 billion by the year 2016 from ABB Group’s discrete automation and motion division, which includes motor and generator manufacturing. The company’s growth strategy is to restructure the company divisions for better product classification, customer focus and productivity.

Motors and generators manufacturing companies manufacture electric motors, power generators and motor generator sets. This industry does not include companies manufacturing internal combustion engine starting motors, power generators and motor generator sets. This industry also includes establishments rewinding armatures on a factory basis.

The motors and generators industry is categorized into the following segments

Motor Manufacturing establishments produce machines that convert electrical energy into mechanical energy and supply motive power to devices. Some devices that use electric motors include fans, blowers, household appliances, disk drives, batteries and power tools.

Generator Manufacturing companies manufacture machines that convert mechanical energy into electrical energy through the movement of electric charges in the generator’s windings for use in external circuits. This segment does not include manufacturing of turbine generator sets, internal combustion, welding and generators for battery storage in aircrafts.

Motors And Generators Manufacturers Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $1000 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

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The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

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The growing number of international travelers pushed hotels to redesign their interiors, as in the hotel industry guests are looking for more ‘inside the hotel’ experiences. This demand is driving hotel managers to ensure that all parts of their hotels are as welcoming as the lobby. This has brought in more innovations to design and aesthetics involving more comfortable and accommodating spaces. Vibrant colored interiors and access to the internet at every location is common. For example, Starwood Hotels and Resorts is testing a variety of inventive amenities, including smart floor tiles, smart mirrors and giving guests the ability to program their in-room lighting, music and coffee maker from a smartphone to give consumers more customization over their stay.

The hospitality industry covers lodging and dining services. It comprise businesses that provide customers with lodging, prepared meals, snacks and beverages for immediate consumption. It includes both accommodation and food service establishments as these two activities are often combined at the same establishment.

According to The Business Research Company’s Hospitality Consultant, Ramesh Yelugoila, advances in technology are changing consumer expectations as well as the way in which the hospitality industry conducts its business. Some technologies like Wi-Fi, digital conference facilities, mobile communication and automation are now seen as basic. According to HT’s 2016 Lodging Technology Study, 54% of hotels will spend more money on technology to meet guests’ escalating expectations in the future. For example, near field study (NFC) technology is the next-generation short-range high frequency wireless communication technology that gives users the ability to exchange data between devices. This is ideal for self-check-ins by guests at hotels and also smart room keys. Technology development automates processes and reduces operational costs of hotels and allows them to offer a wider range of services, thus driving the hospitality market.

Among small and big players in the hospitality market McDonald’s emerged as the largest company in the market with revenues of $25.4 billion for the financial year 2015. Its growth strategy involves restructuring its franchised business model as the company plans to re-franchise almost 4000 outlets by 2018, aiming to increase annual savings by $500 million. McDonald’s also seeks to modernize and automate its services. The company introduced its mobile app in 2015 to capture the additional demand from the U.S market. In the International Lead and High Growth markets, McDonald’s plans to focus on changing consumer demands with the help of data analysis and mobile solutions. It is also introducing food items with regional tastes and pursuing refranchising opportunities to get a foothold in the Foundational Markets.

The Business Research Company expects the hospitality market to grow to $4.4 trillion in 2016. Asia was the largest region in the hospitality market in 2016, accounting for more than one third of the market share. This can be attributed to high demand for food and beverage services, hotel and motels in countries such as China, Japan and India.

The chart and table below shows the year-on-year growth of the global hospitality market during 2016 - 2020.

Hospitality Global Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $750 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

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The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations. - Comments: 0